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Related makes major South Florida rental push
A rendering of SOFA-Delray and Town-Pembroke Pines By the end of next year, Related Group will have developed 1,129 new apartments in four projects across South Florida. A Related affiliate will break...
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Ritz-Carlton buys out One Bal Harbour
One Bal Harbour Next month, One Bal Harbour Resort & Spa is turning over management to Ritz-Carlton. The 124-suite property will be the operator’s 10th in Florida, according to the Miami Herald. No...
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Cheap land no longer attainable in Edgewater – for now
Peter Zalewski Question: Developable land in the Edgewater neighborhood of Greater Downtown Miami continues to be traded at significant profits for the sellers. Do you think that market has maxed out...
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Century-old Florida mansion about to be auctioned off, Trader Joe’s opens...
Century Oaks in Tampa 1. Century-old Florida mansion about to be auctioned off [Palm Beach Post] 2. Trader Joe’s opens Boca Raton store [South Florida Business Journal] 3. Condo termination law must be...
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West Palm Beach delays All Aboard Florida talks
The rail line between Datura and Evernia streets West Palm Beach commissioners delayed talks regarding All Aboard Florida’s request to close a section of a downtown alleyway until October. The private...
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Despite recovery, thousands still underwater in Miami
More than 100,000 Miami homeowners are underwater, according to data from CoreLogic. Despite the rebound in home prices, some 25.3 percent of Miami area residences that have a mortgage had negative...
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Custom home on the border of Palm Beach asks $8M
3496 South Ocean Blvd The custom beachfront home of car dealer Ed Napleton has hit the market for just under $8 million. Completed in 2005, the six-bedroom house at 3496 South Ocean Boulevard is the...
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Several South Florida attractions see upgrades
Fort Lauderdale’s Museum of Discovery and Science and Flamingo Gardens in Davie Several popular South Florida attractions are making significant upgrades in an attempt to attract more visitors. For...
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Top stories
Top stories over the weekend on The Real Deal: 1. New York couple buys prime South Beach property 2. Moishe Mana grabs another downtown Miami property 3. South Florida by the numbers: Miami...
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Miami gears up for major real estate event
From left: Karyl Argamasilla, Hillary Rodham Clinton and Danet Linares About 20 years after its only stop in Miami, the annual CREW Network Convention & Marketplace is back this week – and with a...
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Huge construction loan for Fortune’s Jade Signature
Jade Signature rendering Fortune International Group scored a $284 million construction loan for its Jade Signature condo project in Sunny Isles Beach. HSBC gave Edgardo Defortuna-led Fortune the...
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This “Amazing Race” not so amazing
From left: Lisa and Michelle Thomson (Credit: CBS) Friday marked the premiere episode of the 25th season of “The Amazing Race.” The premise of the CBS show is that 12 teams compete for $1M by racing...
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Guilty plea entered for Boca-based foreclosure scam
A Boca Raton resident pled guilty to federal charges related to a foreclosure rescue scheme he operated between 2008 and 2009. Jason Vitulano, 39, confessed to committing mail fraud and wire fraud in...
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Shore Club repositioned with high-end condos
Ziel Feldman and Shore Club at 1901 Collins Avenue Ziel Feldman’s HFZ Capital Group plans to reposition South Beach’s Shore Club with a mix of about 85 luxury residences and 100 hotel rooms. The New...
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City mulls turning over public alleys to property owners
An alleyway Miami’s politicians have been known to gift public land to wealthy developers. But on Monday, commissioners could decide to give away property to the people – it just happens to be land no...
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Palm Beach officials look to regulate halfway homes
A halfway home Palm Beach County leaders are looking to a 1999 joint statement as a possible way to regulate halfway homes in residential neighborhoods. Thus far, officials have been blocked by both...
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Miami’s Bacardi complex to get Frank Gehry-designed restaurant, discount...
Historic Bacardi complex in Miami 1. Miami’s Bacardi complex to get Frank Gehry-designed restaurant [Miami Herald] 2. Discount brokerages popping up in South Florida [Sun-Sentinel] 3. A look at the...
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For condo buyers, there is little transparency
Downtown Miami condo towers under construction Buyers beware: the process of buying a preconstruction condo from a developer can be far from transparent or smooth. Price lists for preconstruction condo...
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Arquitectonica to design Fairholme Capital headquarters
2626 Biscayne Boulevard in Edgewater Finance mogul Bruce Berkowitz tapped Arquitectonica to design the new Miami headquarters of his company Fairholme Capital. And now renderings are out. Located at...
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Environmentalists push for conservation amendment
Everglades National Park In November, environmentalists will ask voters to approve a constitutional amendment — Amendment 1 on the ballot — that sets aside a third of taxes collected on real estate...
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